A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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$AUDUSD Live Trading Room – Trade Recap
Read MoreHere is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily at 8:00 AM EST , join Dan there for more insight into these proven methods of trading. Trading is […]
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Dow Jones $DJIA Short-term Elliott Wave Analysis 6.9.2016
Read MoreShort Term Elliottwave structure suggests that dip to 17331.07 ended wave (4). Rally from there is unfolding as a double three where wave ((w)) ended at 17891.6 and wave ((x)) ended at 17660.87 on 6/1. From 6/1 low, pair then continues to rally higher as a 5 waves diagonal. There’s enough number of swing to call wave (a) completed although a marginal […]
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NFP Number: Good or Bad. EURUSD doesn’t care
Read MoreThe surprisingly weak employment report takes a walk of June rate table and the chances of a motion at the next meeting July also fell sharply. The USA created only 38,000 new jobs in May, well below the forecast of an increase of 155,000. Is the smallest number of jobs added monthly work in almost […]
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Weekly Market Report June 8
Read MoreU. S. Dollar – Biased lower Last Friday, Non Farm Payroll number came out very weak with job growth increased only by +38K in May, far below the consensus of +160K. This is one of the largest misses since 2011 and cooling off the expectation of rate hikes. Further adding to the woe, April’s job gains was also […]